Energy Saving News

THE International Energy Agency (IEA) have released a World Energy Outlook (WEO) special briefing outlining energy sector implications of national climate pledges submitted for the upcoming climate summit in Paris.
The briefing finds that if all countries meet goals outlined in their submitted pledges, known as Intended Nationally Determined Contributions ...

THE Georgian Co-Investment Fund (GCF) has announced a $723,000,000 investment in the Tskhenistskali cascade of hydro power plants (HPP) project in Georgia.
The HPP will have a total installed capacity of 347.1 MW and annual generation of 1,743.7 M kWh. The project is located in Racha-Lechkhumi Kvemo Svaneti region, Lentekhi and ...

FOR the new global agreement on climate change to succeed, local governments must be empowered to act to accelerate national governments efforts in lowering carbon emissions according to the EU’s Committee of Regions (CoR).
Just two months ahead of the climate conference in Paris CoR states that the climate agreement must ...

AHEAD of the COP21 climate negotiations in Paris in December, the new book Energy Efficiency Market Report 2015 reveals that energy efficiency improvements since 1990 in IEA member countries.
The book by the International Energy Agency (IEA) reveals that these countries avoided 870 million tonnes of CO2 emissions in 2014 – ...

A Report from the World Bank states that if Turkey is to continue its trajectory of economic growth in a sustainable manner, energy efficiency will be of critical importance.
The report further reveals that the Government of Turkey has placed energy efficiency as a key component of both its energy ...

RENEWABLE energy will represent the largest single source of electricity growth over the next five years, driven by falling costs and aggressive expansion in emerging economies, according to the IEA.
The IEA (International Energy Agency) made the prediction in their annual market report. Pointing to the great promise renewables hold for ...

India has one of the fastest growing economies, and populations, in the world - with the population set to exceed that of China. Hence, a sustainable future is vital for the country and the world.
Ahead of COP21 in Paris in December India have revealed their plan to tackle climate change, ...

THE 193-Member United Nations General Assembly formally adopted the 2030 Agenda for Sustainable Development last Friday, along with a set of bold new Sustainable Development Goals.
UN members set a goal to release $100 billion annually to tackle climate change by 2020. With the plans including plans energy efficiency improvement goals.
The ...

LEASING has become an ideal way to invest in energy efficiency and sustainable energy technology as the cost savings generally cover the lease payments.
With this in mind it is good news for Polish small and medium enterprises (SME) that the European Bank for Reconstruction and Development (EBRD) is providing a ...

70 financing institutions have pledged to increase energy efficiency investment and develop business strategies that save energy and reduce carbon emissions.
The 70 institutions range from regional and microfinance institutions to national and global banks from over 20 countries have vowed to step up this specific financing.
They made their pledge at ...

ENERGY efficient lighting and air conditioning units have been received by the Tonga government to help improve the island’s energy efficiency.
The devices were supplied today with the help of the People’s Republic of China’s and will help with Tonga’s Climate Change program to reduce the reliance on imported energy sources. ...

THE UK government should move away from green taxes which penalise businesses and instead use tax incentives to reduce carbon according to a major new industry report published today by EEF, the manufacturers’ organisation.
The report, ‘The Low Carbon Economy – From Stick to Carrot’ forms EEF’s response to the review ...

34% of the European Bank for Reconstruction and Development’s (EBRD) annual investment in 2014 provided for sustainable energy and climate finance
The EBRD’s engagement in support of sustainable energy has passed a new milestone: for the first time the Bank’s investments in renewables overtook those for thermal power generation.
Between 2006 ...

THE U.S. Department of Energy (DOE) issued a report showing that threats to tribal energy infrastructure are expected to increase as climate change impacts extreme weather conditions.
Inline with this the DOE also announced a $6 million grant opportunity to establish clean energy projects and energy efficiency projects on Indian ...

THE cost of producing electricity from renewable sources has been falling for several years. A new report from the International Energy Agency (IEA) reveals renewables are competing on cost of production.
The report provides in detail the contrasting costs for different power generation technologies around the world and shows that renewable ...

ALMOST one billion dollars’ worth of climate-smart investments in Europe and Central Asia have been made in the latest fiscal year by the International Finance Corporation (IFC)
The funding helps in cutting greenhouse gas emissions and increasing energy efficiency and renewable energy production to spur sustainable growth.
IFC committed ...

RECENT data reveals that China’s coal production is reducing faster than their government predicted, reducing pollution and changing the nation’s energy future.
Three agencies report on the continuing decline in use of coal during the first half of 2015. These are absolute drops in the coal consumed for power generation as ...

THE International Energy Agency (IEA) have released provisional data about electricity production in ‌‌‌the 34 members of the OECD for 2014 - revealing that renewables are catching coal.
The report shows that production fell slightly to 10,712 TWh a decrease of 0.8% or 86 TWh compared to 2013. According to the ...

THE International Finance Corporation (IFC) and Asia Green Capital Partners Pte Ltd, a renewable-energy developer and investment company are boosting renewable energy in Indonesia.
The two organizations have taken steps in co-developing the first wind-power project in Indonesia’s South Sulawesi province to help the country increase its clean-energy supply and stimulate ...

THAILAND’S Energy Policy and Planning Office (EPPO) yesterday approved an Energy Efficiency Plan to improve a previous energy-intensity saving target from 25% to 30%, saving an estimated Bt8.5 trillion ($241M).
This Plan, reports The Nation, is in line with the current Thai national economic and social development plan, which was revised ...

U.S. President Barack Obama announced last week the U.S. Environmental Protection Agency’s final Clean Power Plan, which will cut carbon pollution from the power sector by 32 % below 2005 levels, in 2030.
Power plants are the largest drivers of climate change in the United States, accounting for roughly one-third ...

A new study reveal that U.S. Higher Education institutions accept that energy efficiency is key to fulfilling their core missions.
The new study commissioned by Schneider Electric and the Alliance to Save Energy, found that almost 9 out of 10 respondents are expecting to increase or maintain energy efficiency investments next ...

TWO members of the U.S. Congress are looking to get nationwide energy standards accepted to tackle climate change.
Peter Welch, representing Vermont, and Ray Luján, New Mexico, want standards for renewable energy and for energy efficiency to applied across all States.
Their proposed legislation requires electric utilities to get at least 30% ...

In the first six months of 2015, the European offshore wind industry installed more new capacity than in any other year on record as several projects reached completion and deployment of larger turbines increased.
Installations in the first half of 2015 touched 2,342.9MW - tripling the grid-connected capacity for the same ...

THE European Investment Bank (EIB) is lending €400 million to finance projects in Ukraine focussing on energy efficiency and other sustainable projects.
EIB funds will support some 25 to 40 projects fostering substantial improvements in energy efficiency, including district heating, energy efficiency in public buildings, municipal lighting and will contribute to ...